Why does the pre-owned market appear to be good, bad and confused? The answer is the closed traffic pattern around the economy. As the recovery stumbles along, confidence remains shaky. We can’t break out of the pattern.
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Tuesday, June 14, 2011 at 4:10PM | Share Article While doubts persist about the United States in an economic recovery, the business aviation sector is not following suit. For instance, late-model, large-cabin, long-range aircraft are selling at or above values published in the Aircraft Bluebook.
Aircraft Bluebook–Price Digest and AC-U-KWIK Aircraft Appraisals analyst and associate editor Chris Reynolds has become an accredited member of the American Society of Appraisers.
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Wednesday, March 16, 2011 at 1:14PM | Share Article Business has improved. The only downside to making the deal happen is that the values of yesterday in some aircraft markets are not making a comeback.
Carl Janssens, ASA, Aircraft Bluebook–Price Digest | Wednesday, August 18, 2010 at 3:13PM | Share Article There should be some optimism in our industry. Buyers and sellers are coming to terms with what the market will bear for a given aircraft. And with that, the pre-owned aircraft market is seeing more completed deals. The gridlock of available inventory is starting to show some movement. Values on the other hand remain soft with little signs of recovery.
Finally, the pre-owned aircraft market moved in a positive direction in the first quarter of 2010. Late-model, large-cabin, long-range aircraft were selling at or better than values published in the Aircraft Bluebook.
External factors such as increased sales, a slight decline of available inventory and world market competition could all be considered causes for the improvement. Although this early indication of a slow recovery is in progress, it is too early to celebrate. Any positive sign going forward is far better than where the used aircraft market has been.
With the exception of the late-model, large-cabin class, most of the other business aircraft are not yet recovering in value. The good news is that values are showing more stability. Market activity is on the rise leaving a more optimistic perception that values are not exposed to the risks experienced in the last twenty months.